Exam 11: Social Class in the United States

In the United States,wealth is distributed more equally than income.

The working class is sometimes called the "lower-middle class."

In 2011,what percentage of the heads of poor U.S.families did not work at all?

In the United States,which age category has the highest poverty rate?

During the last twenty years,which category of the U.S.population has experienced the largest gains in average income?

The richest 5 percent of U.S.families own about what percentage of privately owned property?

In the United States,there are more people in the upper class than in the lower class.

Since the United States lacks a history of nobility,as in Europe,many people in this country think of it as

By 2008,the welfare reforms enacted in 1996 had

The concept of "intergenerational social mobility" refers to change in social position

Because education is a right in the United States,there is very little inequality in schooling.

Hispanic families,on average,lag behind non-Hispanic white families in both income and wealth.

The richest 20 percent of U.S.families earn 48 percent of all income,while the bottom 20 percent earn only about 4 percent.

The wealth of rich people is not only greater,but more of it is in the form of investments that typically increase in value and generate income.

In 2011,the median income for U.S.families was

In the wake of the recession that began in 2007,the majority of U.S.adults say that their belief that their family can achieve the American dream has declined.

In 2011,median family income in the United States was $60,974.

Which concept refers to change in social position during a person's lifetime?

Recent welfare reform has greatly reduced the poverty rate in the United States.

About what share of U.S.adults over the age of twenty-five are college graduates?